
Palos Verdes Estates, California 90274
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $4,200,000—positioned well below the $4,434,729 Fair Market Value by 5%. This valuation gap offers $234,729 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a gourmet kitchen and panoramic ocean views, this residence offers a seamless lifestyle. Located in the Palos Verdes Peninsula Unified district with access to Top-Rated Schools, it is an ideal acquisition for discerning homeowners or luxury buyers seeking a private, coastal sanctuary.
Luxury 5-bed home in Palos Verdes Estates. Panoramic ocean views, pool, and top-rated schools. Mint condition, move-in ready. Instant equity opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2976 Via Alvarado Subject | $4,200,000* List Price | 5 | 4 | 3,577 | $1,240 | - |
A 2912 Via Alvarado Sold | $3,525,100 | 4 | 4 | 3,236 | $1,089 | 0.2 mi |
B 2932 Via Alvarado Sold | $3,020,000 | 4 | 3 | 3,013 | $1,002 | 0.1 mi |
C 2116 Chelsea Road Sold | $4,950,000 | 5 | 5 | 3,868 | $1,280 | 1.0 mi |
D 700 Yarmouth Road Active | $2,995,000 List Price | 4 | 3 | 2,714 | $1,104 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1965, the property has undergone a comprehensive high-end renovation within the last 5 years. The gourmet kitchen features designer cabinetry and premium appliances, bathrooms are updated with luxury finishes, and the home includes new French windows, custom lighting, and wide-plank flooring, putting it in mint condition.
Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Situated in the highly coveted lower Lunada Bay, the property offers breathtaking panoramic views of the Pacific Ocean and Catalina Island from nearly every room and the outdoor pool area.
This classic New England-style residence features high-end finishes including wide-plank flooring, custom millwork, and new French windows that blend timeless charm with modern luxury.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3577, other record living area = 3356. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Originally constructed in 1965, the property may require ongoing maintenance typical of older coastal homes, despite the significant aesthetic and functional upgrades mentioned.
The current list price reflects a substantial increase from its 2024 sale price of $2.75M, which may lead to appraisal challenges or buyer hesitation regarding the rapid market value adjustment.
This classic New England-style residence is one of the neighborhood’s most admired homes. Expansive ocean views are enjoyed from most rooms, while a versatile floor plan creates a seamless indoor-outdoor flow. Beautifully remodeled in 2026, including the pool and spa, the home features wide-plank flooring, stunning millwork, new French windows and doors, and custom lighting that enhance its architectural character throughout. The gourmet kitchen serves as the heart of the house, a place where everyone will want to gather. Multiple living spaces offer flexibility, along with quiet, private places to escape, while a downstairs bedroom adds even more versatility. A graceful staircase leads to three additional bedrooms, including the captivating primary suite. The upstairs family room provides another place to gather and can also serve as a luxurious guest retreat or private office. French doors open to a huge brick patio offering tremendous possibilities for outdoor entertaining, while the secluded pool and spa enjoy panoramic views. Few homes are as distinctive or offer such a compelling combination of charm, privacy, architectural character and lifestyle. Instantly recognizable, its coveted lower Lunada Bay location just a block from the ocean, makes it even more exceptional.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.2 |
| Baths | 4.0 | 3.6 |
| Square foot | 3,577 | 3,325.634 |
| Lot Size | 10,816 | 10,441.61 |
| Price | $4.20M | $3.51M |
| Price per sq ft | $1.2K | $1.0K |
| Built year | 1965 | 1978 |
| HOA | $0 | $0 |
| Days on market | 33 | 60 |
Aug 7, 2026
$4,200,000
Initial Listing
Feb 22, 2024
$2,750,000
Public Record